MYX: Perp DEX Profile, Fees and Markets | DexPal

MYX

15/$10k

Trade

MYX

Supported DEX

MYX is a decentralized perpetual exchange offering USDC-margined contracts up to 50x leverage, using a Matching Pool Mechanism that pairs long and short positions directly to achieve zero slippage, wi

Website Docs

Discord

Credits

per $10k volume

Open Interest: $10

Asset Categories

Crypto
Meme Coins

Deposit Networks

BNB Smart Chain

Accepted Collateral

USDC

USDT

Protocol Info

Launch Date

Feb 18, 2024

Raised

$10.5M

Open Source

Partially

Last Audit

Nov 3, 2025

Supported Wallets

Bitget Wallet

MetaMask

Okx Wallet

Supported Languages

English

Restricted Regions

No Restrictions

Trading and orders

Markets, leverage and the controls available before you enter a position.

Order Matching Model: Other
Max Leverage: 50
Margin Modes: Isolated Margin
Supported Order Types: Market Orders, Limit Orders
Position Hedge Mode + Isolation Level: Yes
Subaccount Support: No

More about trading and orders

TP/SL on Entry: Yes
Portfolio Margin: No

Costs and funding

Trading charges, discounts and the cost of keeping a position open.

Trading fee model: Maker/Taker
Maker Fee (Base): 0.040%
Taker Fee (Base): 0.060%
Funding Rate Interval: 1 Hr
Liquidation Fee / Penalty: 0.0100%
Fee Discount Mechanism: Volume Tiers

More about costs and funding

Variable Pair-Fee Schedule: Yes
Funding Rate Calculation: Dynamic
Gas Fees — Order Management: There are zero gas fees for order management on MYX as these actions are processed gaslessly on the supported chains.
Fee Inclusion Notes: gas fees deducted in usdc based on the past week's average gas costs
Zero-Fee Promotion: No

Collateral and exits

What you can deposit, where funds are held and how you get them back.

Accepted Collateral Types: USDC
Account Model: Hybrid Custody Model
Withdrawal Settlement Time Median: Chain Dependent
Cross-Chain Deposit Method: Users bridge assets via cross-chain bridges (MetaMask bridge, Binance Bridge, Orbiter Finance, Meson). Keepers automatically bridge collateral deltas between chains.
Multi-Collateral Support: No
Yield on Idle Collateral / Equity: No Yield

Security and risk

Audits, liquidation rules and who can change the system.

Audit Firms: Peckshield; SlowMist
Most Recent Audit Date: Nov 3, 2025
Oracle Provider(s): Pyth Network
Liquidation Mechanism: Forced liquidation when margin rate increases to 100% or more; completed in a single block without price deviation.
Insurance Fund Mechanism: Risk reserve fund capitalized from remaining margin after liquidation; used to cover platform account losses from liquidations beyond initial margin.
Open Source Code: Partially

More about security and risk

Negative Balance Protection: Yes
Mark vs Last Price Liquidation: Index Price

Token and rewards

Token utility, points and referral programmes available to traders.

Native token lifecycle: Launched
Ticker/Token Symbol: MYX
Has Points Program: Yes
Points System Name: Origin Plan
Points Earning Mechanism: Earn fee rewards in USDC and Booster Points for long-term platform usage; trading volume generates rewards
Referral Program Exists: Yes